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4851 Boxwood Circle
About This Property
Residents can enjoy their morning coffee or unwind in the afternoon in the back air-conditioned sunroom, which offers serene views of the lake and shade trees. Further enhancing this home's value are the new roof (2021), AC unit (2021), kitchen appliances (2024) and impact windows throughout (except for the front door panel). This property truly provides everything one could need or desire, ensuring a move-in ready experience in this wonderful 55+ community.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 29, 2025 | Sold | ||
| Sold | |||
| Sep 23, 2025 | In contract | - | |
| In contract | |||
| Jul 2, 2025 | Listed by RE/MAX Prestige Realty/RPB | $449,500 | |
| Listed by RE/MAX Prestige Realty/RPB | |||
| Dec 30, 2021 | Sold | ||
| Sold | |||
| Nov 10, 2021 | Listed by RE/MAX Prestige Realty/RPB | $334,900 | |
| Listed by RE/MAX Prestige Realty/RPB | |||
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About Equestrian
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017